Feldman Ruel facilitates $11.5M sale of Salvation Army Harbor Light Center property in NE DC

JSR Management purchases a 60,352 s/f building situated on 2.36 acres

WASHINGTON, DC — Feldman Ruel announced the sale of The Salvation Army Harbor Light Center property located at 2100 New York Ave. NE in Washington, DC. The 60,352 s/f building situated on 2.36 acres sold for $11.5 million, or $190.55 psf. Feldman Ruel represented The Salvation Army in the transaction.

The property received interest from investors, developers, and nonprofit organizations attracted to its scale, location, and historic use as a community-based residential facility. Feldman Ruel’s process generated numerous competitive offers, resulting in the selection of a purchaser after 35 days on market.

Originally opened in the early 1990s in partnership with HUD, the Harbor Light Center historically operated as a shelter and later as a residential addiction treatment facility. Following the pandemic, The Salvation Army transitioned away from operating the facility directly and elected instead to enter into a short-term lease with the District of Columbia. With that lease expiring in May 2026, The Salvation Army ultimately chose to sell the property in order to fund the expansion of social services elsewhere in Northeast Washington, DC.

Proceeds from the sale will support the development of a new Salvation Army social services center in Northeast DC, including emergency rental and utility assistance programs, food distribution initiatives, volunteer engagement opportunities, and the expansion of the organization’s Grate Patrol outreach program.

“Given the size, complexity, and community significance of the property, we were extremely pleased with both the level of interest generated from the development community and the social services sector and the efficiency of the overall process,” said Josh Feldman, managing principal of Feldman Ruel. “We received strong engagement from a wide range of qualified groups and were ultimately able to match The Salvation Army with a buyer who not only presented a highly competitive offer but also aligned with the seller’s broader mission and its vision for the future of the asset itself.”

The purchaser, JSR Management, owns a number of properties in the DC area, some of which it operates as well. Beyond just adding the property to its portfolio, JSR Management plans to either lease the property to another social services operator for continued use as a community-based residential facility or potentially run its own program out of the property as it has done elsewhere.